All Forum Posts by: Jonathan K.

Agree with what other people have said about NoVA not having much in the way of cash flow, but nearby markets like Frederick, MD, Charles Town, WV, or Winchester, VA could potentially work.

Mike, I'd be happy to provide a blank sale contract for unimproved land. Feel free to contact me. 

Good morning everyone! As a new investor to Baltimore, I'm seeking some advice. I've picked up bits and pieces from other threads, but I haven't quite found what I'm looking for. 

My situation is pretty straightforward. I have a lead on two row houses on the 23rd block of Callow Ave. I have not been able to get inside yet, but from the outside they look like standard vacant row homes. One will almost certainly need a new roof. I have an offer pending that would give me a 45 day inspection period and lock in both properties at or around $35k. 

Here's my question for the experienced Baltimore investors: If you were looking for a row house to rehab, would you consider this a good lead? Hard to say without seeing the inside of the properties, I know, but I'd like some general thoughts about rehab/renovation prospects on this particular block of Reservoir Hill and whether $35 - $40k for two row houses would be considered a good price. My plan would be to sell these post-renovation.  

Thanks in advance!